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#209946 - 03/08/08 12:57 PM
Division for Part-Time Agents
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Veteran Member
Registered: 09/18/04
Posts: 930
Loc: Idaho Falls, ID, USA
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In the past, I have posted comments encouraging folks to go full-time rather than part-time.
Recently, I've been exploring a concept that might bridge some of the issues.
It is a part-time real estate division.
The way it would work is that folks who participate would be required to do the following:
* Pair-up with another agent with a schedule opposite their's -- ie. someone who works weekdays would pair with someone who is off weekdays. The purpose of the pairing is to provide coverage for clients. Agents could decide if they would concept each other for covering the other. They would advertise together and give out business cards with both names & contact info.
* Attend office meetings twice a month on Saturdays for 2 hours. The meetings would consist of two components: A part for announcements, sharing of needs, brief training, and motivation. A second portion consisting of hands-on training: how to write a contract, use the MLS, do a net sheet, etc. Participants would be required to attend 3 out of 4 meetings in a two month period or face probation.
* There would be a designated division manager who would be highly accessible by cell phone.
The concept would be to provide adequate training for competence and bridge the coverage issues that afflict part-time agents. Also, the Saturday meeting structure is designed to connect them with the agency, avoiding the disconnect that is so prevalent with part-time agents. It provides me some comfort that there would be sufficient training and supervision to minimize liability issues.
Those of you who are part-time, would such a structure have some appeal?? If so, why? If not, why not?
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comhttp://www.IFreschool.comstaggart@ida.net
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#210291 - 03/09/08 06:48 PM
Re: Division for Part-Time Agents
[Re: Perky_REALTOR]
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Veteran Member
Registered: 09/18/04
Posts: 930
Loc: Idaho Falls, ID, USA
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So, early morning Saturday meetings - say 8 am until 9:30 am or, at the latest, 10 am. Or, maybe, go 7:30 am until 9 am??
I personally would be tempted to go once a month. But, I'd be concerned that would be too long in-between, creating drift and lengthening the learning curve. I wonder if there might be other options. Any ideas??
My understanding of the concept on the manager is that they are just devoted to the Part-time Division folks, ie. unlike the broker their interest is not spread over the entire company or office.
The problems with pairing are important. The company I know that does this requires it for coverage. My understanding is that most of their agents don't exchange money, just coverage.
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comhttp://www.IFreschool.comstaggart@ida.net
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#210324 - 03/09/08 08:30 PM
Re: Division for Part-Time Agents
[Re: Perky_REALTOR]
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Veteran Member
Registered: 09/18/04
Posts: 930
Loc: Idaho Falls, ID, USA
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Perky,
One issue I want to address is basic sales training: How to write a contract. How to do a listing presentation. How to use the MLS system. How to negotiate. How to do a CMA.
I envision most of the meetings to be that kind of practical, hands-on training.
Right now, in my area, my sense is that most part-time folks lack basic training because of their competing work schedule/other demands. I'd like to make it as easy to get that training as possible.
The idea of multiple meetings is interesting. The trick would be to have enough attendees to justify.
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comhttp://www.IFreschool.comstaggart@ida.net
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#210848 - 03/11/08 04:03 PM
Re: Division for Part-Time Agents
[Re: staggart]
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Major Contributor
Registered: 02/05/05
Posts: 2713
Loc: Las Vegas
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Steve,
This is a great idea! The main problems will occur with pairing two agents together. Like someone already said, it can be a battle about who does more work on a specific transaction. I think it could definitely work though. As long as the two agents agree to split commissions right down the middle, no matter how much work each one does.
For example, if Agent B obtains a new client by a listing appointment, then Agent C can help that client with other things. They just need to cooperate and respect one another.
_________________________
Len McGuirk Prudential Americana Group Direct: (702) 203-6688 Las Vegas Real Estate
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#211001 - 03/11/08 11:48 PM
Re: Division for Part-Time Agents
[Re: Agent 007]
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Member
Registered: 04/10/07
Posts: 65
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Some may consider me a part-time agent, but I put in just as many hours as others in our office, they just happen to be at different times. I do not work another full time position, but I do stay home, for the most part, with my son. I try to schedule meetings/showings when my husband is home. So for me, actually an evening meeting would work much better than a Saturday morning. Saturdays are days for showings and soccer:)
Edited by morealtor (03/11/08 11:53 PM)
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#211250 - 03/12/08 11:56 PM
Re: Division for Part-Time Agents
[Re: morealtor]
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Veteran Member
Registered: 09/18/04
Posts: 930
Loc: Idaho Falls, ID, USA
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morealtor make an interesting point. If you were signed up in a part-time division, would you prefer evening or Saturday training/office meetings?
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comhttp://www.IFreschool.comstaggart@ida.net
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#212450 - 03/17/08 06:14 PM
Re: Division for Part-Time Agents
[Re: makeitbig]
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Veteran Member
Registered: 09/18/04
Posts: 930
Loc: Idaho Falls, ID, USA
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The idea would be to allow them to coordinate their schedule with a partner so that their clients get "full-time" service.
_________________________
Steve Taggart Broker CENTURY 21 Advantage Southeast Idaho's Real Estate Leader(sm) The GOLD Standard(sm) 400 W. Sunnyside Road Idaho Falls, ID 83402 (208) 524-2121 http://www.IFhomes.comhttp://www.IFreschool.comstaggart@ida.net
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